Decision Diagnostics Corp (DECN)

[cvinvestor]

So the SEC deal..this could possibly have another negative impact?

Yes it could certainly, but that will depend on what were the real reasons behind the suspension. If the SEC lays out an argument that they had a really hard time with the phrase "perfected technology" and simply didn't believe DECN could have a 15 second test because all the other tests from larger companies take so much longer, it won't hurt DECN, but might actually help them and boost the stock.

If they base their case on the projection of selling 525M kits over the first year, that's not very damaging because even if the company sold 12-50M kits over the first year, many investors would be elated and the stock would rise.

If they actually reveal that they suspended the stock for either stock market manipulation by MMs or non insider trading suspicions, I don't think that hurts the company if KB is not involved.

Likewise if they suspended it because a lot of other posters were passing around their own interpretations of the PRs, it wouldn't reflect on the company.

But if KB has lied or hired publicists who are disseminating false information throughout social media, blogs, calls with companies etc and misrepresenting where the company is really at with the test kit development, that is going to hurt the company. If anything truly shady is connected to KB or smells of illegal, will at least initially create a negative impact one can assume.

Then KB has 2 weeks to respond and explain anything that seems out of place raised by the SEC and his response will also have a significant impact.

But in the end, the greatest factor for the stock over the next several months is whether or not the FDA finalizes testing protocols so that they can finalize the testing in order to submit data for EUA approval of the test kits if they pass the testing.

Without that, the stock price will not hold up long term.